Islamabad: Federal Board of Revenue (FBR) has decided to organize seminars and conferences with collaboration of chambers of commerce and trade unions to guide business community on revised finance bill.
As per details, FBR Chairman Tariq Bajwa directed FBR Member Tax Facilitation Riffat Shaheen, to start nationwide awareness campaigns for business and trade community on revised bill. The decision has been taken after the complaints about the modification in the finance bill of current fiscal year.
The objective of these awareness campaigns is to guide business community about amendments in the finance bill.
Moreover, these campaigns will help FBR to avoid any legal trial which may be resulted because of possible misinterpretation of revised laws by Business community. While talking to Customs Today, FBR Member Tax Facilitation Riffat Shaheen said that conferences and seminars will be organized to create awareness among business community about new amendments in the bill.
She said these awareness campaigns will be held next month in all major cities of Pakistan including Islamabad, Lahore, Karachi, Faisalabad, Peshawar, Sialkot, and Quetta. She said that invitation letters are disparaged to federations, chambers of commerce and trade unions, while schedule of sessions will be announced after consultation with partner institutions.
She added that FBR will also advertise about the schedule and details of awareness campaigns in print and electronic media. She added that credit of achieving the revenue target for previous fiscal year goes to FBR Chairman and his dedicated team members who made this possible.